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Accrued Expenses
3 Months Ended
May 31, 2016
Accrued Expenses [Abstract]  
ACCRUED EXPENSES

NOTE 7 – ACCRUED EXPENSES

 

Accrued expenses consisted of the following:

 

  May 31,
2016
  February 29,
2016
 
       
Accrued payroll and related expenses $3,146,841  $3,148,841 
Accrued rent  214,774   218,025 
Accrued interest  2,135,804   1,933,017 
Other  90,000   90,000 
Total $5,587,419  $5,389,883 

 

Accrued payroll and related expenses consists of salaries and vacation time accrued but not paid to employees due to our lack of financial resources.